Market Size of Polypropylene Fibers Industry
| Study Period | 2019 - 2029 |
| Market Volume (2024) | 3.19 Million tons |
| Market Volume (2029) | 3.67 Million tons |
| CAGR (2024 - 2029) | 2.82 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Polypropylene (PP) Fiber Market Analysis
The Polypropylene Fibers Market size is estimated at 3.19 Million tons in 2024, and is expected to reach 3.67 Million tons by 2029, growing at a CAGR of 2.82% during the forecast period (2024-2029).
The supply chain disruptions, subcontractors and materials shortage, and contract termination to control expenses, all of which occurred due to the COVID-19 pandemic, impacted the market's growth on a global level. However, post-pandemic, the market is expected to grow steadily.
- Over the short term, the significant factors driving the market are the rising usage of polypropylene fibers in hygiene and health care and the increasing demand for these fibers from the construction industry.
- Factors such as cheaper substitute availability and lower melting points will likely hinder the market's growth.
- The prospects of recycled polypropylene fibers are likely to act as opportunities for market growth.
- Asia-Pacific dominated the global polypropylene fibers market, and it is also likely to witness the highest growth rate during the forecast period.
